Cleveland lands Rockefeller's biggest "Big Bets" event

• Major financial commitments will also be announced.

The big picture: Big Bets for America is a traveling series designed to spotlight local solutions to national challenges.

• After stops in Oklahoma City and Baltimore this year, the Rockefeller Foundation chose Cleveland as its final destination of 2026.

The intrigue: Rockefeller launched a $100 million "Good Jobs for America" strategy at the Baltimore convening, and event organizers from the Rockefeller Foundation tell Axios the dollars announced in Cleveland will surpass that figure.

Zoom in: Mayor Justin Bibb and Gov. Mike DeWine are both expected to attend, alongside Klutch Sports Group founder Rich Paul and a host of civic and philanthropic execs.

• NBC's Al Roker will moderate morning sessions at Hotel Cleveland.
• Attendees will tour several of Cleveland's major, ongoing projects in the afternoon, including the waterfront, the Midline and the Cavaliers' Global Peak Performance Center on the Cuyahoga.

Between the lines: The event doubles as a homecoming for the Rockefeller Foundation.

• The foundation's namesake, John D. Rockefeller, built Standard Oil in Cleveland before moving to New York.